12/24/2023 0 Comments Adam fisher bessemer![]() ![]() ![]() And I think as far as they're concerned, they would probably feel that it's business as usual. The other thing is that it's really high tech, as much as it's Israeli high tech, our markets are abroad, our customers are abroad. And while there might be less productive hours, we make those hours that we do have to become more productive, because we have so much to do. But Israelis do know how to deal under difficult conditions and to recover from hardships. People are called up to reserves on a regular basis, not to this same extent. It's not one that is entirely foreign to us. And actually, it also help reservists who've been called up with little preparation.ĪDAM FISHER: If you're asking more on the business side, you know, that is a unique challenge. On the other hand, we have means, both in terms of time and funds to mobilize in a way that can also help the home front. We may be privileged, but we also serve and served in the military and have children in the military or attending funerals on an almost daily basis. We're not really separate from the rest of Israeli society. We're coming together and kind of mobilizing as individuals, as companies. There's tremendous unity among these really tech community. How is it navigating this conflict, Adam?ĪDAM FISHER: I think, foremost, the community is actually very focused on the home front. But I want to ask you just about the Israeli tech community. It almost feels, you know, a bit uncomfortable to talk about business and investing as war rages. JOSH LIPTON: You know, you're a venture investor, Adam. People have less productive hours in the day, because they're very distracted, as you can imagine, whether it's the occasional air raid siren or the trickle of more horrifying news from three or four days ago. On the other hand, some things are not happening. On the one hand, a lot of things continue as usual. What is life like right now, just day-to-day, as this conflict rages on?ĪDAM FISHER: Well, I would say it operates on two incongruous planes, if you will. JOSH LIPTON: And what is life like right now, Adam? You work in Tel Aviv. But we have friends and colleagues and family members, who either have been called up. I'm too old, as it seems, to be called up to the reserves. We spoke to Adam about the war and how he and his portfolio founders are navigating this conflict.ĪDAM FISHER: My media family is fine. Since 2007, he has managed Bessemer's Israel office, where he has invested in more than 30 Israeli startups. JOSH LIPTON: Adam Fisher is considered one of the top investors in Israel. whether it's the occasional air raid siren or the trickle of more horrifying news from three or four days ago." Video Transcript People have less productive hours in the day because they are very distracted. On the other hand, something are not happening. He describes life right now as operating on "two incongruous planes." Fisher explains that "on the one hand, a lot of things continue as usual. Bessemer Venture Partners' Adam Fisher lives near Tel Aviv. ![]() Israelis are still reeling, mourning the deaths of at least 1,200 people. All Rights Reserved.Israel declared war on Hamas following a devastating attack by the militant group on Saturday. A July 26-27 Corporate News article about Freeport's exports from Indonesia incorrectly reported those figures as estimates for Indonesia's copper exports.Ĭopyright ©2023 Dow Jones & Company, Inc. The more is required to deliver the product, the less vulnerable it is to physical disruption, whether it's a war or an earthquake or a tsunami." A Corporate News article Thursday about the effect on Israeli tech companies of recent fighting between Israel and Hamas incorrectly said he was referring to Internet property rather than intellectual property.įreeport McMoRan Inc.'s copper-concentrate exports from Indonesia are expected to reach 756,300 tons with an estimated value of $1.56 billion by the end of the year, according to the country's director general of coal and mineral resources. Adam Fisher, a partner at venture-capital firm Bessemer Venture Partners, says investors have "long ignored the geopolitical risk factor of investing in Israeli companies. ![]()
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